Participated · Equity · Oct 2023

Credit Genie operates a mobile financial membership platform that delivers financial alerts and insights, personalized budgeting, and credit-building solutions from a single app. The technology analyzes behavior, chat, and qualitative indicators to produce predictive insights and identify credit risk. Since its 2022 launch the platform has engaged with over 1 million Americans. The company plans to use the new capital to expand its product line and hire talent to scale its behavioral finance, budgeting, and cash/credit management offerings. In connection with the financing it secured a credit facility to finance its cash advance and credit card receivables. Credit Genie was founded by Ed Harycki and is based in Plymouth Meeting, Pa. Credit Genie is a mobile financial membership platform that provides financial alerts, personalized budgeting, credit-building solutions and a 360-degree snapshot of members' finances from a single app. Since its 2022 launch it has engaged more than one million Americans and is headquartered in Plymouth Meeting, Pennsylvania. The platform analyzes personal transaction data plus behavioral, chat and qualitative indicators using home-grown machine learning, AI algorithms and 'Open AI' to predict credit risk and extract financial intent rather than relying on traditional credit data. The company aims to help millions of consumers access efficient credit at fair rates and to create a more inclusive credit system for those often overlooked by mainstream banks. With the new funding Credit Genie plans to expand products and hire talent to scale its behavioral finance, budgeting and cash/credit management offerings. Financially, the company announced a $4 million Series A and has secured a credit facility to finance its cash advance and credit card receivables.

Participated · Equity · Oct 2023

Credit Genie is a digital personal finance platform based in Plymouth Meeting, PA. The company says it has served more than one million Americans. It operates under the name Creditly Corp., dba Credit Genie, and is described in the article as a leading digital personal finance platform. Credit Genie announced the completion of an additional funding round securing $10 million in capital. The round was led by Khosla Ventures with participation from Tippet Ventures and brings the company's total financing to $21 million. The article did not disclose further financial details or specific future plans. Credit Genie offers a mobile platform that delivers financial insights and credit-related services by analyzing personal transaction data rather than traditional credit data. From a single app, members get a snapshot of their financial lives and access personalized tips and products to build and improve credit. The platform uses machine learning, AI algorithms and Open AI to identify patterns and predict credit risk, producing more accurate credit scores and improved lending decisions. The company says it will use new funding to expand its product offerings and hire talent. Credit Genie also secured a credit facility to help finance its cash advance and credit card receivables, supporting its operational liquidity. The company was founded by Ed Harycki and operates from Plymouth Meeting, PA.

Led · Series C · Sep 2023

H55 develops certified electric propulsion systems, battery packs and energy management solutions for aviation. The company raised CHF65M in Series C financing to fund expansion and product work. It plans a North American expansion that includes manufacturing at a Montreal facility and engineering customization with partners such as Pratt & Whitney Canada, CAE and Harbour Air. H55 finalized all EASA certification requirements for its battery packs and had its Energy Storage System Compliance Check List approved in March 2024. Rigorous testing validated the safety and performance of the battery pack, positioning H55 to support aircraft integrations. The company expects its battery packs to be ready for integration into CS-23 aircraft starting early in 2025. H55 provides electric propulsion systems designed to enhance sustainability, efficiency, and safety in the aerospace sector. The company develops electric and hybrid propulsion solutions and battery systems aimed at the emerging electric aviation market. Led by CEO Martin Larose and Executive Chairman André Borschberg, H55 is commercializing its technologies and pursuing Type Certification (TC) by 2024. The firm plans to expand manufacturing, including a new factory in Montreal, move to semi- and automated production in its Swiss and Canadian facilities, and open a subsidiary in Toulouse, France. The CHF 45M Series C financing will be used to accelerate commercialization and support these infrastructure investments. H55 develops certified electric propulsion and battery management solutions, focusing on the entire propulsion chain from energy source and management through thrust, power and pilot interface. The company has developed a certifiable modular battery system intended for use in new electric aircraft concepts and designs. Its roadmap starts with electric flight trainers and progresses to propulsion systems for 4–6 seaters, commuter aeroplanes and VTOL aircraft. H55 plans its first product to be used by aircraft manufacturers to provide electric flight trainers to pilot schools by 2022. The company was created in 2017 as a technological spin‑off from Solar Impulse by André Borschberg, Sébastien Demont and Gregory Blatt. The recent CHF20 million financing, including a Canton of Valais grant, will fund expansion of operations and the engineering team and support certification efforts.

Participated · Series C · Apr 2023

Levitate, founded in 2017, offers an AI-driven "Happiness Platform" that lets relationship-oriented businesses send personalized emails at scale, post to social media, text clients, manage reviews, schedule meetings, send handwritten cards, and more. Serving more than 8,000 businesses, the software combines intelligent automation with hands-on coaching to keep firms top-of-mind with clients, donors, and prospects. The company positions its model as "Service-as-Software," pairing technology with strategic guidance to drive measurable marketing outcomes. With a total of $71 million raised to date, Levitate has steadily invested in making AI practical and accessible for small enterprises. The latest funds will accelerate the internal AI roadmap and roll out new customer-facing tools. Levitate also plans to scale its customer success and sales teams across the U.S. and Canada and widen its reach to additional relationship-focused verticals. Overall, the business is leveraging fresh capital to deepen product capabilities while expanding market presence.

Participated · Equity · Oct 2019

Aurora Insight offers a cloud-based, data-as-a-service platform that provides a dynamic, near-real-time global map of wireless connectivity and signal quality across multiple spectrum bands. The product combines AI with sensor data gathered from satellites, vehicles, buildings, aircraft and other objects to monitor spectrum performance. The company built an initial testing “bunker” before rolling the system out at scale and says its objective is to map the entire planet’s radio waves. Aurora aims to measure multiple kinds of spectrum simultaneously to serve telecom operators as well as a broader set of application and service developers building on 5G and other wireless technologies. The startup highlights specific utility for challenging 5G phenomena such as massive MIMO, beamforming and high-frequency operation. While in stealth it worked with at least one drone operator and says some telcos have been testing the system. Financially, Aurora has raised $18 million in aggregate since its 2016 founding, covering both seed and Series A funding.